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Tag Archives: college education

College Education Funding Using Income Shifting strategies [1]

Monday, January 12, 2009

One of the most commonly used income tax strategies is to shift income from your higher tax bracket to your child’s lower tax bracket. You can do this with unearned (investment) or earned (job) income, and the rules differ depending both on the type of income and your child’s age. The advantage is that this [...]

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Different Financial Aid Options and Student Loans [3]

Wednesday, January 7, 2009

Continued from [2] Ohio State-Level Financial Aid The second source of financial aid available is through your child’s state of residence (in our case, Ohio State) in 2007 15% of college freshmen took advantage of Ohio state aid programs. These are usually based on need and generally provide funds to attend in state colleges and [...]

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Financial Aid and Student Loans [1]

Tuesday, December 16, 2008

Many of us will be concerned about paying for college tuition during our lifetimes; with the American economy in its current state, education more and more is becoming a family affair with grandparents, aunts, uncles, and other relatives pooling their funds to help deserving children. The problem is that too many of us are jeopardizing [...]

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